Air Products & Chemicals, Inc.
Overview
Air Products & Chemicals, Inc. sponsors a self-funded health plan that covered 5,960 participants in plan year 2025. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 5,960
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Air Products and Chemicals, Inc. Health and Welfare Benefit Plan, plan 527 (5,960 participants)
- Broker compensation
- $955K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Hartford Life and Accident | Life | 5,404 | $3.5M | $240K |
| American Heritage Life Insurance Company | Hospital Indemnity, Accident, Critical Illness, Life | 1,730 | $3.2M | $528K |
| Reliance Standard Life Insurance Company | Long-term disability | 8,173 | $1.9M | $128K |
| Vision Service Plan | Vision | 4,325 | $948K | — |
| Sontiq, Inc. | ID Theft | 1,374 | $296K | — |
| MetLife Legal Plans | Legal | 1,050 | $234K | $27K |
| Genomic Life | Cancer | 944 | $138K | $33K |
| Zurich American Insurance Company | Business Travel Accident | 5,516 | $10K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 5,960 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Air Products & Chemicals, Inc.
- Sponsor EIN
- 23-1274455
- Plan number
- 527
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 23-1274455 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Air Products & Chemicals, Inc. Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 10,309
About this data
Source: Air Products & Chemicals, Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Air Products & Chemicals, Inc..